🔸Tracking the trend: The trend represents one of the most basic concepts in technical analysis, and trend trading is a classic trading strategy as it was one of the first strategies and will not lose its importance among traders around the world in the future, all thanks to 3 main and simple principles:
A/ Buy if the price trend is heading to the top, ie we are witnessing an uptrend.
B/ Sell if the price trend is heading downwards, i.e. we are witnessing a downtrend.
C/ Wait if the price direction is not moving up or down, but horizontally, that is, we see a sideways trend, that is, the market is stable.